iAltA Holdings, a private markets infrastructure company backed by WestCap, has acquired BridgeFT to improve how data moves across the wealth and private markets ecosystem. BridgeFT provides API-based infrastructure that helps RIAs, fintechs, and financial institutions unify client and portfolio data across custodians, portfolio systems, and back-office platforms without building custom integrations. The acquisition supports iAltA’s focus on more connected wealth infrastructure as private markets play a larger role in portfolios, with the strategy led by Bill Crager, former CEO of Envestnet and a founding partner of iAltA.
Technology Management Concepts acquires The TM Group